New EventBot Malware Steals Banking Passwords | Avast

A new malware called EventBot is infecting Android devices in order to steal login credentials for banking apps and cryptocurrency wallets, TechCrunch reported. Researchers believe the malware is still a work-in-progress that has not been officially “released” yet, as they have observed several major upgrades since its discovery in March, including new malicious features and improved encryption for its command-and-control server (C2) communications. Icons found in the malware lead researchers to believe that when it is launched, it will masquerade as legitimate Android apps such as Microsoft Word and Adobe Flash.